QXO's Big Move: Acquiring Kodiak for $2.25 Billion
QXO is buying Kodiak Building Partners for $2.25B in cash and stock, expanding its building materials empire and boosting 2026 earnings.
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QXO Secures $1.2 Billion Apollo Investment for Building Products Expansion
QXO lands $1.2B investment from Apollo Global Management to fund acquisitions in building products distribution, with convertible preferred stock deal extending through 2026.
William Blair Lowers QXO Estimates but Stays Positive on the Stock
William Blair cut QXO’s short-term EBITDA estimates after a weak roofing survey but kept an Outperform rating, encouraging investors to buy on dips ahead of future M&A.
TopBuild Closes $1B SPI Acquisition After Regulatory Reset
TopBuild completes $1 billion acquisition of Specialty Products and Insulation under Trump administration after 2023 deal collapsed due to antitrust concerns. Part of broader building-products consolidation wave.